Modumetal: Snohomish 'nanolamination' company Modumetal raises $14M

Snohomish-based industrial manufacturing company Modumetal has raised $14 million. The funding, announced this week, will help the company grow its operations, gain customers in new industries, and develop its oil and gas coating solutions, the company said. A Modumetal spokesperson said the company currently has 32 employees, with about half based in Seattle and the other half in Houston, but plans to hit roughly 40 employees by the end of the year. "We are revolutionizing nanolaminated materials,...